With seemingly endless press attention, we’re becoming increasingly aware of the need to save for our future, post-retirement. However, while we may be aware of pensions, few truly understand their options and how their pension savings can benefit them.
The financial benefits of owning a property can be huge. But with the average UK property costing £232,885, just a 5% deposit could require over £10,000 in savings. This is why property experts and solicitors, abacus-law are here to share some useful ways you can get yourself on that all important property ladder.
The key to staying debt free is living within your means. Doing so can make a huge difference to your long-term financial health. Every time you buy something on credit and have to pay interest, you are effectively burning money.
Finding the perfect investment account isn’t easy these days, as there are so many good options to choose from. Having said that, one excellent alternative worth looking at in more detail is the Shepherds Friendly Stocks and Shares ISA.
The wide variety of types of saving account around means that there is something that is right for everyone. Yet, this extensive range of options can also end up being confusing if you just can’t work out which one to go with.